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Hawkeye Reporter

Tuesday, November 5, 2024

American Rescue Plan to Deliver Funds to Local Governments

Genbusiness010

City of Grinnell issued the following announcement on August 4.

The City of Grinnell will receive a maximum of $1,358,499.71 in Coronavirus State and Local Fiscal Recovery Funds as part of the American Rescue Plan. The funds will be delivered in rounds with the first round in the amount of $679,249.86. Remaining funds will be delivered at a later date according to U.S. Treasury guidelines. The Grinnell City Council is discussing how best to utilize the funds. According to the guidelines, allowable expenditures fall into the following categories:

  • Support Public Health Response
  • Replace Public Sector Revenue Loss
  • Water and Sewer Infrastructure
  • Address Negative Economic Impacts
  • Premium Pay for Essential Workers
  • Broadband Infrastructure
Coronavirus State and Local Fiscal Recovery Funds Quick Reference Guide

Original source can be found here.

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